Comparison between M & B Switchgears IPO and MT Educare IPO.
M & B Switchgears IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while MT Educare IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of M & B Switchgears IPO is up to ₹93.00 Cr whereas the issue size of the MT Educare IPO is up to ₹99.00 Cr. The final issue price of M & B Switchgears IPO is ₹186.00 per share and of MT Educare IPO is ₹80.00 per share.
| M & B Switchgears IPO | MT Educare IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹180.00 per share | ₹74.00 per share |
| Issue Price (Upper) | ₹186.00 per share | ₹80.00 per share |
| Issue Price (Final) | ₹186.00 per share | ₹80.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 30 shares | 80 shares |
| Fresh Issue Size | 50,00,000 shares | 43,75,000 shares |
| Fresh Issue Size (Amount) | up to ₹93.00 Cr | up to ₹35.00 Cr |
| OFS Issue Size | 0 shares | 80,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹64.00 Cr |
| Issue Size Total | 50,00,000 shares | 1,23,75,000 shares |
| Issue Size Total (Amount) | up to ₹93.00 Cr | up to ₹99.00 Cr |
M & B Switchgears IPO opens on Sep 28, 2011, while MT Educare IPO opens on Mar 27, 2012. The closing date of M & B Switchgears IPO and MT Educare IPO is Oct 05, 2011, and Mar 29, 2012, respectively.
| M & B Switchgears IPO | MT Educare IPO | |
|---|---|---|
| Anchor Bid Date | Mar 26, 2012 | |
| Issue Open | Sep 28, 2011 | Mar 27, 2012 |
| Issue Close | Oct 05, 2011 | Mar 29, 2012 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Oct 20, 2011 | Apr 12, 2012 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
M & B Switchgears IPO P/E ratio is , as compared to MT Educare IPO P/E ratio of .
| M & B Switchgears IPO | MT Educare IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 94.26 | 48.21 | ||||
| Promoter Shareholding (Post-Issue) | 70.69 | 42.88 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹372.00 Cr. | ₹316.38 Cr. | ||||
| ROE | ||||||
| ROCE | 15.47 | 13 | ||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 10.3 | 13.6 |
In the M & B Switchgears IPO Retail Individual Investors (RII) are offered 17,50,000 shares while in MT Educare IPO retail investors are offered 17,50,000 shares. Qualified Institutional Buyers (QIB) are offered 25,00,000 shares in M & B Switchgears IPO and 44,49,586 shares in MT Educare IPO.
| M & B Switchgears IPO | MT Educare IPO | |
|---|---|---|
| Anchor Investor Reservation | 17,37,914 shares | |
| Market Maker Reservation | ||
| QIB | 25,00,000 shares | 44,49,586 shares |
| NII | 7,50,000 shares | 18,56,250 shares |
| RII | 17,50,000 shares | 43,31,250 shares |
| Employee | ||
| Others | ||
| Total | 50,00,000 shares | 1,23,75,000 shares |
M & B Switchgears IPO subscribed 1.57x in total, whereas MT Educare IPO subscribed 4.80x.
| M & B Switchgears IPO | MT Educare IPO | |
|---|---|---|
| QIB (times) | 1.03x | 6.01x |
| NII (times) | 1.56x | 8.00x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.35x | 2.17x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.57x | 4.80x |
